Parasol

A Parasol is an item from the Kirby series that appears in Super Smash Bros. Melee. Players can use it to attack, dealing moderate damage, and to slow the fighter's decent while falling. To stop floating while in mid-flight, the player has to tilt down on the control stick. If Peach uses the Peach Parasol move while holding this item, she will subsequently replace her usual Parasol with this Parasol.

The Parasol, which was originally used by Kirby, can be used as a weapon to bludgeon enemies. Even better is that fact that players can open it while airborne and lazily float back toward safe ground. It's incredibly useful in returning to the field of play after an opponent gets the better of you and sends you flying.